Since the early 1990s, as the United States borrowed heavily from the rest of the world, employment in the U.S. goods-producing sector has fallen. We construct a dynamic general equilibrium model with several mechanisms that could generate declining goods-sector employment: foreign borrowing,...

In releasing individual data for statistical analysis by outsiders, deletion of direct personal identifiers is sometimes insufficient to preserve confidentiality. Restrictions on the release of data that is publicly listed elsewhere or error innoculation of these variables may be required....

The United States has borrowed heavily from the rest of the world since the early 1990s. We build a model where this borrowing is driven by foreign demand for saving – a global savings glut – that matches the dynamics of the U.S. trade balance, real exchange rate, sector-level...

Front Cover -- Contents -- Editor -- Contributors -- Foreword -- Introduction -- Chapter 1: Enterprise Security Management Practices -- Chapter 2: Enterprise-Wide Systems Development Security -- Chapter 3: Overseeing Compliance of Security Operations -- Chapter 4: Understanding Business...

We develop a framework to study the aggregate implications of taxing multinational enterprises (MNEs) that shift profits to tax havens by transferring ownership of nonrival intangible capital. We first prove analytically that profit shifting increases intangible investment, leading to higher...